TRADE UPDATE: AUDUSD short, still active EURJPY short, still active EURUSD short, still active NZDJPY short, (new trade, see below) USDCHF Long, still active Asia session was muted, pairs ranged within like 20 pips. Europe and London started to see ...

OxyGen FX Trading Journal

TRADE UPDATE Short AUDUSD, still active Short EURJPY, still active Short EURUSD, still active Long USDCHF (new trade) USDCHF has made new 5-year low on 18th Aug and 1st Sep, touched and bounce off 0.90 figure. CHF is prone to intervention to weaken ...

OxyGen FX Trading Journal

NY session opens No fanatic selling. No follow thru for 8am spike. Recap, Majors made yearly highs on 1st Sep, and then starts to fall for 5 trading days. Would like to assume that a short term top(s) were made on 1st Sep for all Majors. (Short ...

OxyGen FX Trading Journal

TRADE UPDATE: GBPJPY Long remainder close +85 pips. GBPUSD Long remainder close +85 pips USDCAD Short remainder close +25 pips The sudden spike was caused by a ECB member who spoke positively about Euro and Eurozone. Not sure why, but all Majors ...

OxyGen FX Trading Journal

TRADE UPDATE: (That was lucky and fast!) GBPJPY Long, close 75% for +70 pips GBPUSD Long, close 75% for +70 pips USDCAD short, close 75% for + 25 pips (Might consider adding later) Pics of remainder of the positions. 1hr charts. GJ, GU, UC. image ...

OxyGen FX Trading Journal

NY time 7am sees selling, probably fear of continuation of yesterday's big selling. But by 8am begins to see buying, a sign for corrective rally. Will not need to wait til 9.30am for NYSE's direction. Global DOW is also going up, Europe indices ...

OxyGen FX Trading Journal

TRADE UPDATE: Cautiously playing the correction up. Closed AUDJPY Long for +20 pips Closed GBPJPY Long for +20 pips Closed GBPUSD Long when it hit stoploss for -5 pips Closed USDCAD short for +15 pips. Will see what NY session brings.

OxyGen FX Trading Journal

London opens. There was no reaction from London. Earlier on Asia and East Europe also had no reaction. Will attempt to play correction again. Will close before NY session TRADE UPDATE: New Trades Long AUDJPY Long GBPJPY Long GBPUSD Short USDCAD

OxyGen FX Trading Journal

USDJPY seems to be coiling. Not sure which direction it will break. (see USDJPY, Daily) image Such horizontal X-axis coiling can be any direction. See CADJPY, Daily, it went downwards instead of continue bull trend. image

USD/JPY Discussion

Yes, will be interesting to see what Europe and London brings. During Asia, there was hardly (or nil) any up-correction to yesterdays big fall (which was twice of normal range).

Cable Update (GBPUSD)

TRADE UPDATE: Close Long AUDJPY for +17pips Close Long GBPJPY for +1 pip (What the.....didn't it fell 242 pips yesterday?) Close Long GBPUSD for -1 pip (OMG......no retracement at all?) Close Short USDCAD for +5 pips. Close before possible fanatic ...

OxyGen FX Trading Journal

Bear market now! Correction, or Reversal? Stocks and Majors all drop. Nasdaq leads stock drop with -4%. Forex pairs that deserves mention for yesterday’s moves: GBPJPY sank 242 pips, with it’s ATR-14 about 110 pips last 2 weeks GBPUSD sank 196 pips, ...

OxyGen FX Trading Journal

US opens. Tuesday. GBP is still the star ! This week main Events: Monday is USA bank holiday, Wed BOC rates, Thu ECB rates, speeches by BOC and ECB. Trade Update: All previous trades were closed, just now before US opens..Happy to make quite a ...

OxyGen FX Trading Journal

Trade update: All pairs started to retrace up. Short CHFJPY, closed remainder for +25 Short EURUSD, closed remainder for +20 Short NZDJPY, closed remainder for +40 Stocks. Asia markets were generally positive, but Europe/London started to fail.. ...

OxyGen FX Trading Journal

Trade Update: Positions all (thankfully) reached some sort of support. Will stall, and may even bounce up. Short AUDUSD, added another position, closed both totally for +60 and +40 pips (see below screen shot) Short CHFJPY, close 75% for +20pips, ...

OxyGen FX Trading Journal

Y'day Monday sees most Majors stagnant, likely due to US holiday. Asia/London dare not move without US? The exception is GBPUSD (and other GBP-pairs), which dipped a whopping 119 pips! I did not trade this GBP yesterday, as even before Monday Asia ...

OxyGen FX Trading Journal

Looks like even when London opens, there is more hesitation. Neither Asia traders, Europe nor London dares to commit to any trend. Will close both AUDUSD and EURUSD.

OxyGen FX Trading Journal

Monday, Asia opens but there is no reaction for Majors, starting from Aust open to Tokyo to SSE. Last Fri NFP has psuh down the Majors, althought they recover quite a bit before the close of NY session (and the week) Looks like Asia do not want to ...

OxyGen FX Trading Journal

This is how I view the Majors. Daily chart, same X and Y axis. image And the Yen pairs, Daily chart, same X and Y axis. image I often see the Daily chart and 4hr just for perspective. I will delve into the 1hr for trade entry, and the 15min ...

OxyGen FX Trading Journal

Last week was pretty exciting. The week started with month-end flows, and with Majors/Yen-pairs to new yearly highs. Mid-week, they dropped sharply and ended the week with NFP and below the newly highs.. With next Monday being a USA bank holiday, it ...

OxyGen FX Trading Journal